It’s possible your exhaust solenoid on the compressor isn’t working. If it can’t exhaust then it won’t turn on the compressor. You can disconnect one of the air lines at a shock and let the air out. If there’s no air then the exhaust solenoid isn’t your problem. But if there is pressure and you let the air out, start the truck afterwards and watch/ listen for the compressor to turn on and bring the rear up a bit. If it works like that then your solenoid is bad or not being commanded on. The Tech2 is the tool you really need to troubleshoot the autoride system.I have only two ideas of what the problem is, and I do suppose it could be the wheel bearings, but I'm thinking that's not the cause. Rather, I believe it's the carrier bearing in the front diff, or that the air ride compressor is not working. For the air ride, the fuses appear to be good, the relay is good, I removed the relay and jumped 30 and 87 to send power to the compressor, and I heard it, so the compressor is good. Running out of ideas on the air ride issue, I suppose a bad module maybe?? Also, there are NO service lights on and no codes. The compressor is brand new, replacing one that ran until it burnt up, the shocks are also brand new.
You never mentioned the brand of compressor or shocks you bought but if you went the cheapest route with these then they might not be working right. But I drove my 02 Denali for months with blown air bladders on my rear shocks without knowing it, and it never felt like what you’re describing. It just bottomed out occasionally.